Senior Unsecured Convertible Notes
| Issuer | SFL Corporation Ltd. |
|---|---|
| Original issue amount | USD 164,000,000 |
| Outstanding amount | USD 105,100,000 |
| Issue date | April 23, 2018 |
| Maturity | May 1, 2023 |
| Coupon | 4.875% |
| Coupon payment | Quarterly |
| Conversion rate | 85.0332* (approximately USD 11.76 per share – March 14, 2023) |
| Note denomination | USD 1,000 |
| Stock exchange | Not listed |
| ISIN code | US 824689AG86 |
| * Subject to consent by Trustee | |
Conversion Rate Adjustments
- SFL – Adjustment of Conversion Price – March 14, 2023
- SFL – Adjustment of Conversion Price – December 13, 2022
- SFL – Adjustment of Conversion Price – September 14, 2022
- SFL – Adjustment of Conversion Price – June 14, 2022
Note Documents
Senior Unsecured Notes
| Issuer | SFL Corporation Ltd. |
|---|---|
| Original issue amount | USD 150,000,000 |
| Outstanding amount | USD 150,000,000 |
| Issue date | February 1, 2023 |
| Maturity | February 1, 2027 |
| Coupon | 8.875% |
| Coupon payment | Quarterly |
| Note denomination | USD 100,000 |
| Stock Exchange | To be listed |
| ISIN code | NO 001 2819988 |
| Issuer | SFL Corporation Ltd. |
|---|---|
| Original issue amount | USD 150,000,000 |
| Outstanding amount | USD 150,000,000 |
| Issue date | May 12, 2021 |
| Maturity | May 12, 2026 |
| Coupon | 7.25% |
| Coupon payment | Quarterly |
| Note denomination | USD 100,000 |
| Stock Exchange | Oslo Stock Exchange |
| ISIN code | NO 001 0992944 |
- Registration Document for listing at Oslo Børs (Oslo Stock Exchange)
- Securities note
- Bond agreement
- Verification post-issuance
- SLB performance report
| Issuer | SFL Corporation Ltd. |
|---|---|
| Original issue amount | NOK 600,000,000 |
| Outstanding amount | NOK 540,000,000 |
| Issue date | January 21, 2020 |
| Maturity | January 21, 2025 |
| Coupon | NIBOR + 440bp* |
| Coupon payment | Quarterly |
| Note denomination | NOK 500,000 |
| Stock Exchange | Oslo Stock Exchange |
| ISIN code | NO 001 0872997 |
| * All coupon payments are fully hedged to USD | |
| Issuer | SFL Corporation Ltd. |
|---|---|
| Original issue amount | NOK 700,000,000 |
| Outstanding amount | NOK 695,000,000 |
| Issue date | June 4, 2019 |
| Maturity | June 4, 2024 |
| Coupon | NIBOR + 460bp* |
| Coupon payment | Quarterly |
| Note denomination | NOK 1,000,000 |
| Stock Exchange | Oslo Stock Exchange |
| ISIN code | NO 001 0853609 |
| * All coupon payments are fully hedged to fixed USD at 6.9 % p.a. | |
| Issuer | SFL Corporation Ltd. |
|---|---|
| Original issue amount | NOK 600,000,000 |
| Outstanding amount | NOK 407,000,000 |
| Issue date | September 13, 2018 |
| Maturity | September 13, 2023 |
| Coupon | NIBOR + 475bp* |
| Coupon payment | Quarterly |
| Note denomination | NOK 1,000,000 |
| Stock Exchange | Oslo Stock Exchange |
| ISIN code | NO 001 0831597 |
| * All payments are fully hedged to USD. | |